Acme Company manufactures widgets and sells them for $110 pe…

Acme Company manufactures widgets and sells them for $110 per unit. Acme’s variable manufacturing costs are $28 per unit and its total fixed manufacturing overhead costs are $210,000 per year. During its first year of operations, Acme produced 3,500 units and its operating income is $59,200 using absorption costing and $34,000 using variable costing. How many units did Acme sell in its first year of operations?

Acme Company has a minimum required rate of return of 18.2%….

Acme Company has a minimum required rate of return of 18.2%. Acme has three divisions, Divisions P, Q and R. During the current year, Division R reports a return on investment of 26.6% and residual income of $42,000. What are Division R’s average operating assets? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

In a study of water quality in different U.S. areas, researc…

In a study of water quality in different U.S. areas, researchers collected 100 water samples in each of four areas: west, midwest, south, and northeast. Each water sample was measured for three characteristics: acidity, color, and amount of sediment. Let denote the response for the characteristic of the water sample in the area. (4pts) For each pair of responses below, indicate whether or not they would be independent or correlated under the MANOVA model.i.   and ii. and (2pts) If the initial MANOVA test for this situation is found to be significant, what follow-up procedure would be appropriate to consider?